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47
245 MATTAWA STREET
$1,500,000 Sale
Listed 2 hours ago
· 12
· 6.5
· 14
· 5000 - 100000
Key Facts
Key facts for 245 MATTAWA STREET
Property Type
Other, Other
Parking
Garage: Yes, 14 parking
MLS #
X12411450
Size
5000 - 100000 sqft
Basement
Partial
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades to each residential unit plus a fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apar...tments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 3 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building, Gross Income $174,015 with Net income $114,984 and a Cap Rate of 7.67 including vacancy, utilities, taxes, maintenance and a 7% property management line. A detailed income and expense statement is available, additional supporting documentation provided upon request. (id:10452)
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Listing courtesy of: REALTY EXECUTIVES Local Group Inc. Brokerage
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